59, REDSANDS, AUGHTON, ORMSKIRK, L39 4SG - £242,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 REDSANDS is a very small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £326,772. It was last sold for £242,000 in April 2018, which was around 10% below the average April 2018 detached price in the West Lancashire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

59 REDSANDS Sold Prices

Land registry data shows four sales for 59 REDSANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lancashire local authority area for the corresponding sale date. All of the four 59 REDSANDS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 27 APR	£242,000	£269,817	10% below HPI
2016 20 DEC	£228,000	£264,062	14% below HPI
2000 24 OCT	£109,000	£113,567	4% below HPI
1999 22 JUN	£92,500	£99,701	7% below HPI

59 REDSANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lancashire local authority area over time, sourced from the HPI. The four 59 REDSANDS sales between June 1999 and April 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 59 REDSANDS be worth now?

59 REDSANDS might now be worth an estimated £326,772.

This is based on house price inflation of 35%, between April 2018 and May 2026, for detached houses, in the West Lancashire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35% inflationary increase is applied to the most recent sale price for 59 REDSANDS of £242,000 on 27th April 2018. For the value to have increased from £242,000 to £326,772 over the seven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 59 REDSANDS has moved in line with the HPI for detached houses in the West Lancashire local authority area.
• The April 2018 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 59 REDSANDS has not materially changed since April 2018.

How Large is 59 REDSANDS?

59 REDSANDS is 90m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% of detached houses houses in Ormskirk, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ormskirk, and where 59 REDSANDS lies on this distribution: 12% of detached houses houses are smaller than 59 REDSANDS, and 88% of houses are larger. Note that EPC data is not available for all properties in Ormskirk.

59 REDSANDS: Plot and Title Map

59 REDSANDS sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 59 REDSANDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 59 REDSANDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 59 REDSANDS?

59 REDSANDS is located in AUGHTON, in the L39 postcode district. The below map shows the position of No. 59 on REDSANDS.